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20100851G work has been completed to Lender's satisfaction, provided that such inspection shall be undcrtak�n promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series af progr�ss payments as th� work is completed. Unless an agreement is made in writing or Applicable Law reyuires int�rest to be paid an such insurance �raceeds, I,ender shall not be required to pay Borrower any inter�st Ur �arnings an such proc��ds. Fe�s for public adjusters, or other third parties, retained by Borrow�r shall not be paid ��ut of lhe insurance proceeds and shall be the sole obligation of Barrower. If thc restoration or repair is not economically feasible or I,ender's security would be lessened, tkte insurance proceeds shall be applicd to the sums secured by this Security Instrument, whether ar not th�n due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the arder pxc�vided for in S�ction 2. If Borrower abandons the Property, I.ender amay file, negotiate and settle any available insurance claim and related matters. Tf Borrower does not respond within 3p days to a notice from Lender that the insurance carrier has offered to settle a claim, then Lender may negptiate and se.ttle the claim. The 30-day period will begin when the notice is given. In either event, or if L,ender acquires th� Property under Section 22 or otherwise, Borrower hereby assigns to L,ender (a) BUrrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Not� or this Security Instrument, and (b) any other of Borrower's rights (other than the right ta any refund of unearned premiums paid by Borrower) under all insurance policies covering the Prap�rty, insofar as such rights are applicable to tlxe caverage of the Property. Lender may use the insuranc� pracc�ds �ither to re�air or restore the Yroperty or lo pa}�amounts unpaid under the Note or this Security Instrum�nt, whether or not lhen due. 6. Uccupancy. BUrrower shall occupy, establish, and use th� Prap�rty as Borrower's principal residence within 60 days after the execution of this Security Instruznent and shall continue to occupy the Property as Borraw�r's principal r�sidence for at least one year after the date of accupancy, unless T.ender otherwise agre�s in writing, which consent shall not be unreasonably withheld, ar unless extenuating circumstances exist which are b�yond Borrower's control. '7, Preservatian, Maintenanre and Protection of the Property; Inspections. Bartowcr shall not destroy, damage or impair the Property, allow the Property to deteriarate ar comnr�it waste on the Property. Whether or not Borrower is r�:siding in the Property, Borrower shall maintain th� Property in order to prevent khe Property from deteariprating or decreasing in value due to its canditian. Unless it is determined pursuant to Section 5 that repair Ur rc:stnration is not economically feasible, Barrawer shall promptly repair the Property if damaged ta avoid further deterioration or darnage. If insurance or condemnation proceeds are paid in connectian with damage to, or the taking of, the Praperty, Borrower shall be responsible for repairing or restaring th� Property only if Lender has released proG�Gds for such purposes. Lender may disburse praceeds far the repairs and restoration in a single paynnent or in a series of progress payments as the work is cornpletcd. If the insurance or condemnation proceeds ar� nc�t sufficient to repair or restore the Property, Borrow�r is not relieved of Borrower's obligation far th� completion of such repair or restoration. Lender or its agent may make reasonable �ntries upon and inspections of the Property. IP it has reasanable cause, Lender may inspect the interior of ths impravements on the Property. Lender shall give Borrower natice at the time of or prior to such an interior inspcction specilying such reasonable cause.. 8. Box'rawer's Loan Application. Borrower shall be in default if, during the r.oan application process, Borrvwcr or any persons or entities acting at the direction of Borrower or with Barrower's knowledge ar eonsent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lend�r with material information) in connection with the Loan. Malerial representations includ�, but are not limited to, represantations conceming Borrower's occupancy of the I'roperty as Borrawr.r's principal residence. NEBIiASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6�NE) losi i i Paqe 7 of 16 i��t�ais: Fvrm 302$ 1/01